Feb. 8, 2024

EP138: AI Revolution! Can It Redefine Wealth for You? - Michelle Jeong

EP138: AI Revolution! Can It Redefine Wealth for You? - Michelle Jeong

In today's episode, prepare to explore the revolutionary world of AI beyond the buzz and hype. We'll uncover how AI is storming through various job sectors and what that means for their future. Michelle offers a grounded perspective on AI, sharing her experience with Chat GPT's biases and emphasizing the importance of the human touch in quality-checking AI outputs. We also dive into AI's versatility and its integrations into personal and business realms, with Michelle suggesting how tools like Chat GPT 4 can be used for everything from idea generation to crafting personalized items and travel plans. But that's not all. Michelle doesn't shy away from pointing out how crucial it is for businesses to adopt AI tools fitting their unique needs, drawing from her own use of writing AI and notetaking AI tools in real estate investment and property management.

In this episode, you will learn 

  • The rise of AI, its potential to disrupt white-collar jobs, and how it parallels past industrial revolutions in scale and scope.
  • The need for context and proper governance in feeding information to AI.
  • Authentic living and maintaining genuine personal connections remain at the heart of personal fulfillment and successful investment strategies.

About Michelle

Michelle is founder of FIRE Capital - a real estate investment group that balances Purpose, People and Profits to achieve greater returns across all segments. As both an Operator and Syndicator, Michelle acquires existing Class B/C multi-family properties to renovate and create greater value. Leveraging a unique "People First" approach, her group’s focus is to offer safe, clean and affordable housing for working families while providing strong financial returns to our partners.

FIRE Capital holds partnership interest in over 800 units across eight states throughout the South, Midwest and West coast. Michelle has over a dozen years of experience providing debt & equity solutions to commercial real estate investors. These holdings also include student housing, residential & mixed-use properties. To learn more, please go to www.investingwithfire.com

She holds an MBA at Dartmouth, Tuck School of Business; an MA in International Economics at Johns Hopkins; a BA in Political Economics at UC Berkeley.

In her free time, Michelle is a single parent to her two amazing daughters; swims with US Masters; and invents new recipes.

She is a board committee member of the University of California and Toilet Hackers. She is currently involved with several Ukrainian refugee nonprofits, World Kitchen and Operation Underground.

Connect with Michelle (if mentioned in the podcast)

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